Telford, Shropshire
Q1 2010 Business Confidence Report
Headlines
- February 2010 saw a new record in company closures in Telford when compared to any previous February.
Contents
New Company Registrations
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Quarterly Data (Q1 Jan-Mar 2010)
A total of 128 companies were registered in Telford during the first quarter of 2010 (Jan 2010 - Mar 2010).
This figure is an increase of 10.3% versus the same period last year (Q1 2009). This figure compares badly to the UK as a whole, which saw an increase of 15.5% against the same period last year.
first quarter (Jan 2010 - Mar 2010) Telford UK 2010 128 105,137 2009 116 91,034 % change 10.3% 15.5% Record Year 2003 (171) 2007 (166,814) New Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2010)
New Companies by Month
January February March New companies in 2010 37 39 52 New companies in 2009 30 28 58 % change 23.3% 39.3% -10.3% Record Year 2003 (46) 2007 (57) 2003 (75)
Closed Companies (dissolved)
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Quarterly Data (Q1 Jan-Mar 2010)
A total of 91 companies were dissolved in Telford during the first quarter of 2010 (Jan 2010 - Mar 2010).
This figure is a decrease of 11.7% versus the same period last year (Q1 2009). This figure compares poorly to the UK as a whole, which saw a decrease of 23.5% against the same period last year.
first quarter (Jan 2010 - Mar 2010) Telford UK 2010 91 82,677 2009 103 108,060 % change -11.7% -23.5% Record Year 2009 (103) 2009 (108,060) Dissolved Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2010)
February 2010 saw a new record in company closures in Telford when compared to any previous February.
Dissolved Companies by Month
January February March Closed companies in 2010 24 27 40 Closed companies in 2009 16 24 63 % change 50.0% 12.5% -37% Record Year 2006 (34) 2010 (27) 2009 (63)
Net Company Growth
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Quarterly Data (Q1 Jan-Mar 2010)
Net company growth for Telford during the first quarter of 2010 (Jan 2010 - Mar 2010) was 37 companies.
first quarter (Jan 2010 - Mar 2010) Telford UK 2010 37 22,460 2009 13 -17,026 Record Year 2003 (129) 2007 (111,282) Net Growth by Quarter
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Monthly Data (Jan, Feb & Mar 2010)
Net Growth by Month
January February March Net growth in 2010 13 12 12 Net growth in 2009 14 4 -5 Record Year 2003 (26) 2007 (45) 2003 (67)
UK Company Share
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Quarterly Data (Q1 Jan-Mar 2010)
In the first quarter of 2010, Telford formed 0.1% of all UK companies.
first quarter (Jan 2010 - Mar 2010) Telford 2010 0.1% 2009 0.1% 2008 0.1% 2007 0.1% 2006 0.1% Record Year (since 1960) 1961 (0.3%) Company Share by Quarter
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Monthly Data (Jan, Feb & Mar 2010)
Company Share by Month
January February March UK formation share in 2010 0.1% 0.1% 0.1% UK formation share in 2009 0.1% 0.1% 0.2% % change 14.5% 19.3% -25.5% Record Year 1962 (0.4%) 1974 (0.5%) 1983 (0.3%)
Director Age
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Quarterly Data (Q1 Jan-Mar 2010)
The average age of a director in the first quarter of 2010 was 44.9.
The percentage of directors under the age of 25 was 2.5% compared to the UK figure of 2.0%.
The percentage of directors over the age of 65 was 2.0% compared to the UK figure of 4.9%.
Director Age by Quarter
Director Gender
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Quarterly Data (Q1 Jan-Mar 2010)
The record first quarter for female directors in Telford was in 1861 when 40.0% of all directors were female.
25.5% of all director appointments in Telford in the first quarter of 2010 were female. This compares to a UK average of 24.7% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Mar 2009-Mar 2010)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage MANAGEMENT 1.51% MANAGEMENT 5.01% SHROPSHIRE 1.51% CONSULTING 4.60% TELFORD 1.13% CONSULTANCY 2.87% ELECTRICAL 1.13% PROPERTY 2.50% BUILDING 1.00% ASSOCIATES 2.04% ASSOCIATES 0.88% TRADING 1.93% (TELFORD) 0.88% DESIGN 1.91% DEVELOPMENTS 0.75% CONSTRUCTION 1.87% J 0.75% MEDIA 1.84% CARE 0.63% BUSINESS 1.74% MAINTENANCE 0.63% INTERNATIONAL 1.73% PROPERTY 0.63% CONSULTANTS 1.63% BUSINESS 0.63% ENGINEERING 1.54% TRAINING 0.63% J 1.48% CONSULTANCY 0.50% LONDON 1.45% HOME 0.50% INVESTMENTS 1.45% CONSULTANTS 0.50% GROUP 1.37% MEDIA 0.50% GLOBAL 1.35% ENGINEERING 0.50% PROPERTIES 1.35% TECHNOLOGY 0.50% BUILDING 1.34% (SHROPSHIRE) 0.50% CARE 1.33% M 0.50% ELECTRICAL 1.30% ACADEMY 0.38% M 1.28% HOUSE 0.38% SYSTEMS 1.25% COURIERS 0.38% S 1.23%
SIC Data
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Previous 36 months, excluding companies less than 12 months old
sic code number of companies uk companies None Supplied 257 228,645 7487 - Other business activities 54 74,904 9999 - Dormant Company 28 19,948 7260 - Other computer related activities 27 10,331 62020 - Information technology consultancy activities 23 9,943 7414 - Business & management consultancy 22 17,003 7222 - Other software consultancy and supply 19 9,659 82990 - Other business support service activities not elsewhere classified 19 26,974 74990 - Non-trading company 18 8,149 7499 - Non-trading company 17 15,398 62090 - Other information technology service activities 12 6,340 4521 - General construction & civil engineering 11 9,325 9305 - Other service activities 11 9,038 74909 - Other professional, scientific and technical activities not elsewhere classified 10 7,143 6024 - Freight transport by road 9 3,665 96090 - Other service activities not elsewhere classified 9 8,154 70229 - Management consultancy activities other than financial management 8 14,007 7450 - Labour recruitment 7 3,809 99999 - Dormant Company 7 13,808 7420 - Architectural, technical consult 6 2,843
Recent Companies
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Randomly selected companies from this quarter
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